financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
How the United States and China are battling for control of global bauxite supplies
How the United States and China are battling for control of global bauxite supplies
Sep 2, 2025
Despite some fluctuations and recurring concerns about oversupply, the global bauxite market continues to grow steadily. Much of this expansion is driven by rising demand in the aluminum sector, particularly from the automotive, aviation, and renewable energy industries. Around 60% of electric vehicle manufacturers and 70% of aerospace materials companies use aluminum in various forms. Moreover, about 85% of bauxite...
US dollar declines to late July lows before jobs data
US dollar declines to late July lows before jobs data
Sep 1, 2025
The US dollar fell to its lowest level in five weeks on Monday, as investors awaited a series of US labor market data this week that could influence expectations for the Federal Reserves monetary easing path. Traders were also assessing US inflation data released on Friday, a court ruling that deemed most of the tariffs imposed by former President Donald...
Euro keeps rising with eyes on European inflation data
Euro keeps rising with eyes on European inflation data
Sep 1, 2025
The euro rose in European trading on Monday, marking its third consecutive daily advance against the US dollar, supported by sustained pressure on the greenback amid strong expectations of a Federal Reserve rate cut later this month. Investors are now awaiting Tuesdays release of key eurozone inflation data for August, which is expected to provide clearer signals on whether the...
Yen moves lower with a negative opening to the week
Yen moves lower with a negative opening to the week
Sep 1, 2025
The Japanese yen fell in Asian trading on Monday at the start of the week, marking its second straight day of losses against the US dollar, as easing inflationary pressures reduced expectations for an imminent policy shift by the Bank of Japan. With the likelihood of a rate hike in Japan later this month diminishing, investors are awaiting further signals...
World >
Market >
Japan's Nikkei rises as weaker yen boosts automakers; BOJ stands pat
Japan's Nikkei rises as weaker yen boosts automakers; BOJ stands pat
Mar 18, 2025
(Updates prices after BOJ decision) By Kevin Buckland TOKYO, March 19 (Reuters) - Japan's Nikkei share average rose on Wednesday, with automaker shares helped by a weaker yen, while the Bank of Japan kept interest rates unchanged as widely expected. The Nikkei entered the midday trading recess 0.7% higher at 38,107.27, and had risen to as high as 38,128.58 earlier,...
Nvidia, Meta, Sarepta, D-Wave, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
Nvidia, Meta, Sarepta, D-Wave, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
Mar 18, 2025
U.S. stock markets traded lower on Tuesday as investors awaited the Federal Reserve’s interest rate decision. The Dow Jones Industrial Average slipped 0.6% to 41,581.31, while the S&P 500 lost nearly 1.1% to 5,614.66. The Nasdaq tumbled 1.7% to 17,504.12. These are the top stocks that gained the attention of retail traders and investors throughout the day: Nvidia Corporation (...
Nasdaq Falls 300 Points As Nvidia, Palantir Decline: Greed Index Remains In 'Extreme Fear' Zone
Nasdaq Falls 300 Points As Nvidia, Palantir Decline: Greed Index Remains In 'Extreme Fear' Zone
Mar 19, 2025
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Extreme Fear” zone on Tuesday. U.S. stocks settled lower on Tuesday, with the Nasdaq Composite falling around 300 points during the session. Shares of Palantir Technologies Inc ( PLTR ). fell around 4%, while Nvidia Corp. ( NVDA )...
Japan's Nikkei rises ahead of BOJ decision, buoyed by weaker yen
Japan's Nikkei rises ahead of BOJ decision, buoyed by weaker yen
Mar 18, 2025
TOKYO, March 19 (Reuters) - Japan's Nikkei share average rose on Wednesday, with automaker shares helped by a weaker yen, while investors awaited a policy decision from the Bank of Japan later in the day. The Nikkei was up 0.6% to 38,063.98 as of 0142 GMT, after rising to as high as 38,097.95 earlier in the session. It topped the...
Environment >
Technology >
Metaverse will be successor to internet, will shape all experience, says Mark Zuckerberg
Metaverse will be successor to internet, will shape all experience, says Mark Zuckerberg
Dec 15, 2021
Metaverse will be the successor to mobile internet and will shape all experiences on the internet, with uses case ranging from hanging out with friends to entertainment, gaming, fitness, and education said Mark Zuckerberg at the second Fuel for India event.
Top 10 gadgets you can gift this Christmas
Top 10 gadgets you can gift this Christmas
Dec 15, 2021
Our list is short and eclectic, and we have included a smart sanitiser free of liquid, heat or chemicals amid usual suspects like iPhones iPad Minis and Fitbit trackers.
Antara movie NFT to see producers give up 50% intellectual property to buyers
Antara movie NFT to see producers give up 50% intellectual property to buyers
Dec 14, 2021
The world’s first decentralised feature film production non-fungible token (NFTs) with decentralised finance (DeFi) capabilities is here. Arabian Camels and Swapp Protocol have launched the “Antara Movie NFT" that allows buyers to hold 50 percent intellectual property rights to “Antara”. It is a $50 million feature film based on the life of Arabian knight Antarah Ibn Shaddad. Swapp’s NFT farming platform will allow Arabian Camel NFT owners to earn passive income on their NFTs.
Here is a look at the biggest cryptocurrencies of 2021
Here is a look at the biggest cryptocurrencies of 2021
Dec 16, 2021
Cryptocurrencies had a rollercoaster of a year in 2021. Regulations, price records, and increasing interest in cryptocurrencies have all been witnessed throughout the year. Meme cryptocurrencies also took the world by storm as tokens like SHIB, Dogecoin, Floki, and more have hitten crazy high prices. But at the same time, instances of cryptocurrency scams like the Squid Game token have also been on the rise.
Personal Finance >
Politics >
Retail >
Business >
Exclusive-EU proposes cutting steel imports by 15% as Trump tariffs bite
Exclusive-EU proposes cutting steel imports by 15% as Trump tariffs bite
Mar 19, 2025
BRUSSELS (Reuters) - The European Union will tighten steel import quotas to reduce inflows by a further 15% from April, a senior EU official said on Wednesday, in a move aimed at preventing cheap steel flooding the European market after Washington imposed new tariffs. European steel producers already battling high energy prices and competition from Asia and elsewhere warn that...
Ollie's Bargain Outlet Board Approves $300 Million Share Buyback Program
Ollie's Bargain Outlet Board Approves $300 Million Share Buyback Program
Mar 19, 2025
08:01 AM EDT, 03/19/2025 (MT Newswires) -- Ollie's Bargain Outlet (OLLI) said Wednesday its board authorized a new $300 million share repurchase plan running through March 2029. The retailer said nearly $414 million worth of stock has been repurchased since 2019. Ollie's ended fiscal 2024 with $429 million in cash and short-term investments and no debt drawn on its credit...
CIBC Comments on New Brunswick Provincial 2025 Budget
CIBC Comments on New Brunswick Provincial 2025 Budget
Mar 19, 2025
08:02 AM EDT, 03/19/2025 (MT Newswires) -- New Brunswick is projecting a jump in the deficit from $399 million in 2024/25 to $599 million in 2025/26, or 1.2% of gross domestic product, as it prepares to navigate United States tariff uncertainty with the introduction of a contingency fund, said CIBC. However, the shortfall in the Canadian province is expected to...
Nabors Industries CFO William Restrepo to Retire; Miguel Rodriguez Named Successor
Nabors Industries CFO William Restrepo to Retire; Miguel Rodriguez Named Successor
Mar 19, 2025
08:01 AM EDT, 03/19/2025 (MT Newswires) -- Nabors Industries ( NBR ) said Wednesday that Chief Financial Officer William Restrepo has decided to retire, effective Sept. 30. Restrepo will remain available as a strategic adviser to Nabors CEO and Chairman Anthony Petrello on that date, the company said. The company's Senior Vice President of Operations Finance Miguel Rodriguez will assume...
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved